The housing market in 55806 Duluth, MN is quite strong with a median value of $160,600. This number stands in stark comparison to the US house median value of $338,100. Furthermore, the US house appreciation rate over the last year was 8.27%, but in 55806 Duluth, MN it has been 10.54%. This suggests that not only are homes comparatively affordable compared to the national average in this area, but also that they are continuing to appreciate at an above average rate as well.
The median home cost in Duluth (zip 55806) is $160,600. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Duluth (zip 55806) is up 14.7%.
Average Age of Homes
- The median age of Duluth (zip 55806) real estate is 78 years old
The Rental Market in Duluth (zip 55806)
- Renters make up 50.7% of the Duluth (zip 55806) population
- 2.4% of houses and apartments in Duluth (zip 55806), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.